VSAT Options History — December 2023

In December 2023, VSAT traded between $21.71 and $28.30. ATM implied volatility averaged 61.4%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded below realized volatility by 1.7% (HV 20d: 63.1%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.48.

Notable Days

  • 2023-12-14: Highest Volume — 6,863 contracts
  • 2023-12-11: Largest IV spike — 13.6% change
  • 2023-12-11: Highest IV Rank — 48.1%
  • 2023-12-01: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.19$21.71$28.30$21.71$27.97
Max Pain$24.88$22.50$25.00$22.50$25.00
ATM IV61.4%57.2%68.1%64.8%57.9%
Expected Move17.2%16.4%18.6%18.6%16.6%
HV 20d63.1%52.3%72.5%67.7%62.7%
HV 60d72.0%69.2%73.9%70.6%69.2%
IV Rank39.5%34.2%48.1%43.8%35.0%
IV Percentile72.4%61.1%85.3%80.6%61.1%
Term Structure3.8%-5.3%7.1%-5.3%7.1%
VWIV60.8%56.8%65.1%63.8%59.4%
Skew 25d1.9%-1.1%3.4%1.7%1.1%
Skew 10d6.1%1.4%30.3%30.3%3.1%
Call IV 25d59.7%55.7%64.3%63.2%58.2%
Put IV 25d61.6%58.8%64.9%64.9%59.3%
Bid-Ask Spread %30.6112.0860.8038.3412.08
Gamma HHI0.160.090.230.100.19
Net GEX146.1K9.2K276.5K22.6K264.7K
Net DEX-9.1M-17.1M-715.0K-715.0K-13.5M
Net VEX-84.1K-98.5K-67.9K-68.7K-94.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.111.290.770.11
Total Volume892.21006,863419143
Total OI27,770.7525,28935,94825,28927,911

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$21.71$22.5064.8%18.6%67.7%43.8%63.8%1.7%-5.3%22.6K-715.0K-68.7K0.7738.34N/AN/A23718213,26812,021
2023-12-04$23.77$25.0061.7%17.0%72.5%40.0%58.5%1.9%2.0%54.2K-6.1M-70.8K0.1241.32N/AN/A1,18314113,29512,131
2023-12-05$22.51$25.0063.0%17.2%68.9%41.6%60.0%2.6%1.9%9.2K-2.4M-67.9K0.2660.80N/AN/A51513513,13112,163
2023-12-06$22.59$25.0064.4%17.6%67.0%43.3%60.9%2.3%3.0%29.3K-3.0M-68.6K0.4222.73N/AN/A81533913,43312,235
2023-12-07$23.21$25.0063.1%17.4%67.0%41.7%60.9%1.3%1.7%55.9K-4.9M-71.0K0.5938.77N/AN/A58934913,78012,456
2023-12-08$24.14$25.0059.9%16.8%65.1%37.7%59.3%2.6%2.8%107.9K-7.8M-71.7K0.5034.70N/AN/A42621314,02512,712
2023-12-11$23.73$25.0068.1%16.7%65.8%48.1%59.5%2.1%4.9%89.4K-6.7M-69.3K0.6743.48N/AN/A32121514,11212,830
2023-12-12$23.77$25.0062.7%17.1%64.5%41.2%59.2%2.6%2.8%107.7K-7.1M-69.6K0.2035.13N/AN/A62312514,26412,966
2023-12-13$24.47$25.0057.2%16.4%52.3%34.2%56.8%3.1%4.5%205.0K-10.6M-88.4K0.2158.31N/AN/A2916015,48516,329
2023-12-14$26.52$25.0062.2%17.8%55.6%40.6%65.1%-1.1%2.2%143.9K-17.1M-87.6K0.1346.04N/AN/A6,09976415,50516,346
2023-12-15$26.36$25.0061.3%17.6%54.0%39.4%62.5%0.7%5.6%187.9K-17.0M-98.5K0.4437.84N/AN/A34815419,04716,901
2023-12-18$24.99$25.0058.9%16.9%59.2%36.3%61.4%1.2%5.2%144.0K-7.0M-92.8K1.2925.29N/AN/A27935913,39713,421
2023-12-19$26.31$25.0061.4%17.6%60.6%39.5%62.3%1.4%4.9%196.7K-10.1M-95.8K0.4923.17N/AN/A32115813,55013,664
2023-12-20$25.50$25.0060.0%17.2%62.5%37.7%61.5%2.7%5.3%161.5K-8.0M-93.0K1.0316.30N/AN/A22323013,54813,714
2023-12-21$26.05$25.0059.8%17.1%62.6%37.5%61.8%3.4%5.6%182.1K-9.1M-94.8K0.4715.68N/AN/A44220613,59413,805
2023-12-22$26.49$25.0059.8%17.2%62.6%37.6%60.0%3.1%5.1%191.7K-10.0M-95.2K0.2212.27N/AN/A3597813,38313,961
2023-12-26$27.68$25.0062.3%17.8%63.6%40.6%63.1%1.6%4.4%250.2K-13.0M-95.9K1.0413.84N/AN/A34035213,45514,012
2023-12-27$27.64$25.0060.0%17.2%63.8%37.8%60.4%1.0%5.3%241.3K-12.6M-94.6K0.4721.28N/AN/A683213,58014,177
2023-12-28$28.30$25.0059.1%17.0%63.8%36.7%60.2%3.4%6.9%276.5K-14.1M-94.3K0.2414.79N/AN/A1052513,63414,174
2023-12-29$27.97$25.0057.9%16.6%62.7%35.0%59.4%1.1%7.1%264.7K-13.5M-94.1K0.1112.08N/AN/A1291413,71814,193